1098-T Information
What is a 1098T Form?
Section 6050S of the Internal Revenue Code requires eligible educational institutions to file information returns to assist taxpayers in determining the amount of qualified tuition and related expenses for which an educational tax credit is allowable. This information is provided on the 1098T Form.
Russell Sage College’s Federal Tax Id Number is 14-1338488
Why did I receive a 1098T Form?
If you received a 1098T form it means that you had charges on your account for at least one course at Russell Sage College during the calendar year. It does not mean that you are eligible for a tuition and fees deduction, American Opportunity Credit, or Lifetime Learning Tax Credit. According to federal tax regulations, determination of qualified charges and payments is the responsibility of the tax payer.
What information is provided on the 1098T Form?
Payments made out of pocket made during a calendar year will be reported on the 1098T as long as charges were also incurred during that calendar year. Typically, Spring semester charges are incurred prior to the end of the year which tends to cause some confusion for students. For example, if you register for courses in November 2026 for the Spring semester that begins in January 2027, those charges will factor into your 2026 1098T calculation for the year prior to when the courses are taking place. If payment is made for these charges after January 1, 2027 the payment would not be reflected on a 1098T until 2027.
Russell Sage College has partnered again with ECSI, offering you the opportunity to receive your 1098-T Tuition Statement electronically this year. If you would like to receive your 1098-T form electronically, please give your consent by following the link provided below and following the step by step instructions. 1098-T’s will be provided by the end of January 2027. If electronic consent is not received by January 1, 2027, the 1098-T will be mailed to the current home address in Self Service.
To give consent to receive your 1098-T form electronically, click on the link below and follow the simple instructions to sign up!
- Visit https://heartland.ecsi.net/
- At the top right of the page click Register to create a profile. If you already have a profile, click Sign In.
- Once logged into your account. Navigate to Your Communication Center at the top.
- Select Tax Statement eConsent.
- At the bottom of the page click Add New Consent. Once clicked the Electronic Consent Application will open below.
- Complete the Electronic Consent Application.
- Check the box and click Submit & Accept.
It’s that easy!
If you have any questions, please visit https://heartland.ecsi.net/index.main.html#/access/FAQtaxDocuments for information regarding your tax documents and to obtain contact information for ECSI.
Where can I obtain information on the educational tax credits?
For information about the tuition and fees deduction, the American Opportunity Credit, and Lifetime Learning Tax Credit, refer to: IRS – Tax Benefits for Education: Information Center.
You may wish to consult a tax adviser for help in calculating the amount of your credit. College employees cannot answer questions regarding eligibility for these credits.